Key Facts
—The move. American warehouse-club chain PriceSmart is entering Chile, its first market in the Southern Cone and its fourteenth overall.
—The model. Shoppers pay an annual membership of roughly $40 to $80 to buy in bulk at near-wholesale prices, a Costco-style format new to Chile.
—The stores. First locations are set for the Santiago region, in Chicureo, Las Condes and Peñalolén, with openings planned from 2027.
—The scale. PriceSmart runs about fifty-six clubs across twelve countries and a United States territory, serving more than four million members.
